Adishakti Loha and Ispat IPO vs DK Enterprises Global IPO

Comparision between Adishakti Loha and Ispat IPO and DK Enterprises Global IPO.

IPO Details

Adishakti Loha and Ispat IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while DK Enterprises Global IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Adishakti Loha and Ispat IPO	DK Enterprises Global IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Turnaround Corporate Advisors Private Limited	Beeline Broking Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Adishakti Loha and Ispat IPO is up to ₹2.00 Cr whereas the issue size of the DK Enterprises Global IPO is up to ₹7.99 Cr. The final issue price of Adishakti Loha and Ispat IPO is ₹11.00 per share and of DK Enterprises Global IPO is ₹40.00 per share.

	Adishakti Loha and Ispat IPO	DK Enterprises Global IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹11.00 per share	₹40.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	10000 shares	3000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	18,20,000 shares	19,98,000 shares
Issue Size Total (Amount)	up to ₹2.00 Cr	up to ₹7.99 Cr

IPO Timetable

Adishakti Loha and Ispat IPO opens on Sep 30, 2021, while DK Enterprises Global IPO opens on Oct 07, 2021. The closing date of Adishakti Loha and Ispat IPO and DK Enterprises Global IPO is Oct 05, 2021, and Oct 12, 2021, respectively.

	Adishakti Loha and Ispat IPO	DK Enterprises Global IPO
Anchor Bid Date
Issue Open	Sep 30, 2021	Oct 07, 2021
Issue Close	Oct 05, 2021	Oct 12, 2021
Basis Of Allotment (Tentative)		Oct 18, 2021
Initiation of Refunds (Tentative)		Oct 20, 2021
Credit of Share (Tentative)		Oct 20, 2021
Listing date (Tentative)		Oct 22, 2021
Anchor Lockin End date 1		Nov 17, 2021
Anchor Lockin End date 2		Jan 16, 2022

Financials

Adishakti Loha and Ispat IPO P/E ratio is , as compared to DK Enterprises Global IPO P/E ratio of .

Adishakti Loha and Ispat IPO

DK Enterprises Global IPO

Financial

Summary of financial Information (Restated Standalone)
Particulars	For the year/period ended (₹ in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	93.57	0.46	0.21
Total Revenue	109.49	0.27	NA
Profit After Tax	(0.21)	0.19	0.04

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Lakh)
	30-Jun-21	31-Mar-21	31-Mar-20
Total Assets	2,806.41	2,778.33	1,906.05
Total Revenue	1,912.59	6,495.79	4,555.03
Profit After Tax	99.77	243.86	149.51

Promoter Shareholding (Pre-Issue)

100.00%

99.88%

Promoter Shareholding (Post-Issue)

60.07%

73.30%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Adishakti Loha and Ispat IPO retail investors (RII) are offered 8,60,000 shares while in DK Enterprises Global IPO retail investors are offered 8,60,000 shares. Qualified institutional buyers (QIB) are offered in Adishakti Loha and Ispat IPO and in DK Enterprises Global IPO.

	Adishakti Loha and Ispat IPO	DK Enterprises Global IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,00,000 shares	1,02,000 shares
QIB
NII	8,60,000 shares	9,48,000 shares
RII	8,60,000 shares	9,48,000 shares
Employee
Others
Total	17,20,000 shares	18,96,000 shares

Bids Received (Subscription)

Adishakti Loha and Ispat IPO subscribed 1.84x in total, whereas DK Enterprises Global IPO subscribed 12.50x.

	Adishakti Loha and Ispat IPO	DK Enterprises Global IPO
QIB (times)
NII (times)	0.81x	7.43x
Big NII (times)
Small NII (times)
RII (times)	2.87x	17.58x
Employee (times)
Other (times)
Total (times)	1.84x	12.50x

Compare with others

Adishakti Loha and Ispat IPO	DK Enterprises Global IPO
Suyog Gurbaxani Funicular Ropeways IPO	DMR SME IPO
Nidan Laboratories and Healthcare IPO	Omnipotent Industries IPO
Kotyark Industries IPO	Suyog Gurbaxani Funicular Ropeways IPO
DK Enterprises Global IPO	Nidan Laboratories and Healthcare IPO
CWD Limited IPO	Kotyark Industries IPO
Bombay Metrics Supply Chain IPO	CWD Limited IPO
Samor Reality Limited IPO	Adishakti Loha and Ispat IPO
Promax Power Limited IPO	Bombay Metrics Supply Chain IPO
Dynamic Services & Security IPO	Samor Reality Limited IPO
Destiny Logistics & Infra IPO	Promax Power Limited IPO

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